Multi-housing / PRS

High Point Townhomes

6533 E Medalist Cir Plano, Texas United States 75023
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Year Built 1985
Building Area
Occupancy 96.0 %

Property Description

140 unit Class B mutli-housing property in Plano, TX

Investment Highlights

Jones Lang LaSalle Americas, Inc. (“JLL”) or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in High Point Townhomes (the “Property”), a 140-unit, primarily townhome asset located in Plano, Texas. Built in 1985, High Point has been institutionally maintained leaving minimal deferred maintenance for new ownership. The Property also enjoys a location within the highly desired Plano Independent School District, which consistently ranks within the top 1% in the State of Texas, while remaining close to numerous employment centers including Legacy Central, CityLine, Legacy West, and Legacy Business Park. Additionally, High Point Townhomes offer one of the most unique construction styles in Dallas/Fort Worth, along with a very low density appealing to today’s renter pool.
Last Updated Date: 26 Aug 2020
Rob Key
Rob Key
Managing Director, Capital Markets
License details
TX-509191
David Austin
David Austin
Senior Director, Capital Markets
License details
652736

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Last Updated Date: 26 Aug 2020

The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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